Nucor Corporation (NYSE:NUE) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Nucor Corporation (NYSE:NUEGet Free Report) have been given a consensus rating of “Moderate Buy” by the eleven brokerages that are presently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $177.2727.

NUE has been the topic of a number of analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Nucor in a research report on Monday, December 29th. Jefferies Financial Group raised their target price on shares of Nucor from $190.00 to $200.00 and gave the stock a “buy” rating in a research note on Monday, January 12th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Nucor in a report on Wednesday, October 29th. The Goldman Sachs Group increased their price target on shares of Nucor from $182.00 to $196.00 and gave the stock a “buy” rating in a report on Friday, January 16th. Finally, Citigroup raised their price objective on shares of Nucor from $150.00 to $180.00 and gave the company a “buy” rating in a research report on Thursday, October 30th.

Check Out Our Latest Analysis on NUE

Insiders Place Their Bets

In other news, EVP Allen C. Behr sold 9,042 shares of the company’s stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $151.28, for a total transaction of $1,367,873.76. Following the transaction, the executive vice president directly owned 73,661 shares of the company’s stock, valued at $11,143,436.08. This represents a 10.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Stephen D. Laxton sold 2,003 shares of the stock in a transaction dated Thursday, October 30th. The shares were sold at an average price of $151.57, for a total transaction of $303,594.71. Following the completion of the transaction, the chief financial officer owned 88,174 shares of the company’s stock, valued at $13,364,533.18. This represents a 2.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 25,995 shares of company stock worth $3,990,634. Insiders own 0.46% of the company’s stock.

Institutional Trading of Nucor

A number of institutional investors have recently added to or reduced their stakes in NUE. Stance Capital LLC purchased a new position in Nucor in the third quarter valued at about $25,000. IMA Advisory Services Inc. grew its holdings in shares of Nucor by 51.4% in the 2nd quarter. IMA Advisory Services Inc. now owns 221 shares of the basic materials company’s stock worth $29,000 after acquiring an additional 75 shares during the period. AXS Investments LLC purchased a new position in Nucor in the 3rd quarter valued at approximately $37,000. Vision Financial Markets LLC increased its stake in Nucor by 281.7% in the 3rd quarter. Vision Financial Markets LLC now owns 271 shares of the basic materials company’s stock valued at $37,000 after purchasing an additional 200 shares in the last quarter. Finally, Caitlin John LLC acquired a new position in Nucor during the third quarter worth $41,000. Hedge funds and other institutional investors own 76.48% of the company’s stock.

Nucor Stock Performance

Shares of NUE stock opened at $180.04 on Friday. The stock’s 50-day moving average price is $163.04 and its 200 day moving average price is $149.10. The company has a quick ratio of 1.51, a current ratio of 2.77 and a debt-to-equity ratio of 0.30. The stock has a market capitalization of $41.20 billion, a PE ratio of 25.29, a price-to-earnings-growth ratio of 0.98 and a beta of 1.87. Nucor has a 52-week low of $97.59 and a 52-week high of $183.00.

Nucor (NYSE:NUEGet Free Report) last announced its earnings results on Monday, October 27th. The basic materials company reported $2.63 earnings per share for the quarter, beating the consensus estimate of $2.30 by $0.33. The company had revenue of $8.52 billion for the quarter, compared to the consensus estimate of $8.27 billion. Nucor had a return on equity of 7.80% and a net margin of 5.18%.The company’s revenue was up 14.5% on a year-over-year basis. During the same period last year, the business posted $1.49 EPS. Nucor has set its Q4 2025 guidance at -2.630 EPS. As a group, equities research analysts forecast that Nucor will post 7.64 EPS for the current year.

Nucor Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 11th. Investors of record on Wednesday, December 31st will be paid a $0.56 dividend. This represents a $2.24 dividend on an annualized basis and a dividend yield of 1.2%. This is a boost from Nucor’s previous quarterly dividend of $0.55. The ex-dividend date is Wednesday, December 31st. Nucor’s dividend payout ratio (DPR) is presently 31.46%.

Nucor Company Profile

(Get Free Report)

Nucor Corporation (NYSE: NUE) is an American steel producer headquartered in Charlotte, North Carolina. The company is primarily engaged in the manufacture and sale of steel and steel products, operating a network of steel mills, recycling facilities and fabrication plants across the United States and North America. Nucor’s operations emphasize electric arc furnace steelmaking using recycled scrap metal, which supports a decentralized, mill-based production model focused on efficiency and flexibility.

Product offerings span a broad range of basic and value‑added steel items, including sheet, plate, merchant bar, structural beams, reinforcing bar, tubing, fasteners and fabricated components.

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Analyst Recommendations for Nucor (NYSE:NUE)

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